Reserved alternative investment fund (RAIF) offer a fund-structuring solution that is highly attractive for all types of alternative investment strategies in Luxembourg and the EU.

Asset classes where RAIF can invest in include:

• private equity
• real estate
• infrastructure
• debt acquisition
• loan origination
• listed securities of any type

It can be closed-ended or open-ended, leveraged or unleveraged.

Please note that this is a non-official translation drawn up by Arendt & Medernach for information purposes only. In case of discrepancies between the French and the English texts, the French text, as published in the Mémorial, the Luxembourg official journal, shall prevail.

The expression "coordinated version as of 22 July 2019” includes amendments introduced by the law of 16 July 2019 laying down the rules for the proper application of EuVECA, EuSEF, MMF, ELTIF and Securitisation STS Regulations, published in Mémorial A No 514 of 18 July 2019

Download the PDF below to get a full overview of our most recent consolidated version.